News Article

9/3/2009

PlainsCapital Bank Opens North Austin Location

Bank serves medical center and businesses in rapidly growing northwest corridor    

PlainsCapital Bank Austin has opened its fourth full-service location at 12319 North MoPac Expressway, just south of West Parmer Lane.

Set in the heart of Austin’s northwest corridor, the new branch is located next to St. David’s North Austin Medical Center, a state-of-the-art healthcare facility. The location is also just minutes from The Domain, an upscale, mixed-use development that includes high-end retail, residential and office space.

“Our new branch is very convenient to the medical community, as well as to our commercial customers and individuals who live nearby,” Paul Holubec, PlainsCapital Bank Austin market president said. “We are right in the middle of one of Austin’s fastest growing areas.”

Jason Thurman will serve as president of the North Austin branch in addition to his duties as president of the Congress branch. PlainsCapital senior vice president Alan Nirenberg has been named branch manager and leads an experienced team of ten.

Due to the high level of business activity in the northwest corridor, the new branch also houses senior vice president Mike Litton, a small business lending expert from PlainsCapital’s SBA Loan Department.

PlainsCapital Bank caters to middle market companies, physicians’ practices, professionals and high net worth individuals. The bank provides commercial banking, commercial real estate lending, treasury management, private banking, residential mortgages, trust and asset management services. PlainsCapital Bank entered the Austin market in 2001 and today has $600 million in local assets.

PlainsCapital Bank Austin has three other full-service locations in the Austin area: on Congress Avenue in downtown Austin, on Bee Caves Road in Westlake and in La Frontera in Round Rock. PlainsCapital also operates a motor bank on Colorado Avenue in downtown Austin.

PlainsCapital Bank’s North Austin location is a freestanding, 6,000 square foot Austin contemporary style building. Ray Wilkerson Companies developed the site with Workman Commercial serving as the building contractor. Bill Perkins of AO3, Inc. was the interior architect. The bank is open Monday through Friday from 9 a.m. to 4 p.m. The bank includes a drive-thru that operates from 8 a.m. to 5 p.m. and a 24-hour ATM and night deposit box.

About PlainsCapital Bank

With the strength and stability of $4.1 billion in assets, Texas-based PlainsCapital Bank has 33 locations and 648 employees offering highly personalized, relationship-based financial services through a single point of contact. Specializing in commercial lending, small business banking, private banking, treasury management, and trust and wealth management, PlainsCapital Bank empowers local decision making in each of its major markets: Austin, Dallas, Fort Worth, Lubbock and San Antonio. Find more information at www.plainscapital.com. 

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